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KCSMMHZ
Jan 29, 2013 6:00am PST
an increase of over 1%. also for the first time in four years, tax revenues are expected to exceed what the government would get by issuing new bonds. the government expects tax revenues to total over $473 billion, or nearly 2% more than in this fiscal year. meanwhile, new bond offerings will fall by 3% to about $470 billion. japan still relies on government bond sells for 46% of its total revenue. the outstanding balance of government debt is expected to total about $8.2 trillion at the end of fiscal 2013. to repay it, the nation requires 17 years worth of tax revenues. the total debt also translates into almost $65,000 per person. the government plans to submit the draft budget to the diet for approval by the end of next month. >> japanese workers may soon have a few more yen in their pockets if union leaders get their way. union and business leaders are discussing a proposed wage hike. to repay it, the nation requires 17 years worth of tax revenues. the total debt also translates into almost $65,000 per person. the government plans to submit the draft budget to the diet for appr
KCSMMHZ
Feb 1, 2013 6:00am PST
before-tax profit and after-tax profit. >> panasonic's net came to $670 million. group sales fell 8% from a year earlier. the company managed to cut costs by slashing jobs. a decline in the price of rare earths and other raw materials was also a help. the firm has kept its forecast for this fiscal year. it expects to lose more than $8 billion. panasonic officials says the business environment could change though the yen's decline would push up sales. competition in the digital product market has been intensifying. >>> sharp said it posted its first profit in five quarters in the final three months of last year. sharp executives say operating profit in the october to december period totalled about $28 million. that came largely from higher than targeted sales of smartphones and crystal television sets. the company set up a goal to start posting profits in the second half of this fiscal year that ended in march this is a condition for the firm to continue to receive support from its main banks. the managing director says the company will make speedy efforts to reform its structure and says
Search Results 0 to 1 of about 2